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SolarEdge fiscal Q2 sales surge 70% Y/Y on US growth

SolarEdge's record revenues for fiscal Q2 were a 70% increase in the space of a year, driven largely by growth in the U.S. market.

The power optimizer specialists post record revenue of $124.8 million for the fiscal second quarter of 2016, shipping 416 MW of inverters to exceed market expectations.


Hillary Clinton criticizes retroactive changes to Nevada’s net metering policy

In an interview with the Las Vegas Sun, the Democratic front-runner repeats calls for more renewable energy and says regulators should not be changing the rules retroactively.


U.S. solar industry surpasses 200,000 jobs

The U.S. solar industry added 35,000 jobs from November 2014 to November 2015, its third year of 20% annual growth. Installation makes up more than half of U.S. solar jobs.


US: Dominion Virginia Power plans $700 million solar infrastructure investment

U.S. energy usage.

Energy company outlines plans for $9.5 billion in infrastructure and upgrade expenditures through 2020; investment to include promotion of solar power and other clean energy sources.


DEWA and RWE sign MoU for renewable energy innovation

DEWA CEO Saeed Mohammad Al Tayer signs the MoU with RWE's Klaus Grellmann.

The Dubai Electricity and Water Authority (DEWA) has signed a memorandum of understanding with German utility RWE to achieve better cooperation in renewable energy R&D for Dubai.


China: Longi invests RMB 1bn in 100 MW PV plant in Shaanxi

Longi's planned 100 MW solar PV plant will be located in China's Shaanxi province.

The monocrystalline silicon manufacturer in expanding its downstream business has invested approximately RMB 1bn in Shaanxi province for the development of a 100 MW solar PV plant.


Yingli Solar forms JV for 300 MW solar panel fab in Thailand, its first outside China

Yingli manufacturing facility.

Chinese firm's subsidiary Hainan Yingli New Energy Resource teams with Thailand's Demeter Power to build and develop 300 MW factory for multicrystalline PV panels, to be sold under Yingli brand name.


BBOXX and Oikocredit bring securitization to off-grid African solar

Solar installation, Kenya.

Dutch investment firm Oikocredit International teams with London solar innovator BBOXX to turn the growing off-grid solar sector in Africa into an asset class; aim is to raise $2 billion in next five years.


Neo Solar Power finishes 2015 with strong revenue

While quarterly revenue growth was flat year-over-year, December 2015 saw the Taiwanese cell maker's second-highest revenue to date.


What does solar have to do with the bankruptcy of the second-largest U.S. coal miner?

While there is little direct causation between the rise of solar and the fall of coal, GTM Research Director of Solar Research MJ Shiao notes that the fall of coal creates opportunities for renewable energy.


1500-volt systems to account for 9% of utility-scale PV installations in 2016

GTM Research’s latest report expects 1500-volt architecture to take over the utility-scale solar market over the next few years, citing clear balance-of-systems cost advantages.


Property deal signed for phase one of planned 1 GW Saudi PV fab

The signing of the contract between the CEO of the Royal commission in Yanbu Dr. A'laa Naseef and the chairman of the board of Al-Afandi group Shiekh Ibrahim Al-Afandi.

The Al-Afandi Group signs property contract with Saudi Royal Commission to build 55,000 square meter premises in Yanbu; phase one of the solar panel plant will have 120 MW capacity, with 1 GW the final target.


UK's Hive Energy opens Mexico office

Mexico City.

British solar developer looks to capitalize on the buzz of the Central American region by opening office in Mexican capital, Mexico City.


08. January 2016 | | Comment now

US renewable energy mandates bring down fossil fuel use, power costs

A new report by the U.S. government's NREL and Berkeley Lab finds a 3.6% reduction in fossil fuel generation and up to US$3.9 billion in net savings for electricity customers in 2013, as well as reduced water use and the creation...


Skytron partners with Strata Solar in the United States

The North Carolina-based PV developer plans to equip more than 1.4 GW of solar PV with Skytron's monitoring systems by the middle of this year, including both retrofits and newly built plants.


The pv magazine weekly news digest

East Anglia, England.

2016 begins with an egalitarian slant as solar markets of all shapes, sizes and regions garner attention, much of it extremely positive.


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